Adidev Polymers Private Limited
About Adidev Polymers Private Limited
Data last updated:
Adidev Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 30 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25199KA2011PTC061428.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors Kapil Pareek and Hemant Kumar Tulsyan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 83 Dadlani'S Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹35.32 Lakh (net margin -1.9%) and EBITDA of -₹35.32 Lakh (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 435% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adidev Polymers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 83 Dadlani'S Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Adidev Polymers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Adidev Polymers Private Limited
FY 2025 filings availableAdidev Polymers Private Limited reported revenue of ₹18.49 Cr (up 92451950% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 435% over five years. EBITDA rose 91% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹35.32 Lakh | ||||
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| Net Profit (PAT) | -₹35.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -1.9% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Adidev Polymers Private Limited, buy the company report.
Board of directors of Adidev Polymers Private Limited
Adidev Polymers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Pareek Also directs: Asadhya Polymers Private Limited, Danta Polymers Private Limited | Director | 07 Mar 2024 | 2 Years 7 Months | Current |
| Hemant Kumar Tulsyan Also directs: Vatika Ventures LLP, Swift Polymers Private Limited, Tulsyan Vyapar (India) Private Limited and 5 more | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Adidev Polymers Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services, Polymers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Specbee Consulting Services Private Limited | ₹18.6 Cr (FY 2025) | 1.0% | Bengaluru, Karnataka, India | |||
| Emerging Securities Private Limited | ₹18.59 Cr (FY 2025) | 154.0% | New Delhi, Delhi, India | |||
| TRMG Advisors LLP | ₹18.57 Cr (FY 2023) | Mumbai, Maharashtra, India | ||||
| Iyra Polymers Private Limited | ₹18.55 Cr (FY 2025) | 1037.0% | Chennai, Tamil Nadu, India | |||
| Gananka India Private Limited | ₹18.51 Cr (FY 2021) | 54.0% | Hyderabad, Telangana, India | |||
| Adidev Polymers Private Limitedthis company | ₹18.49 Cr (FY 2025) | -₹35.32 Lakh | -1.9% | 92451950.0% | Bangalore, Karnataka, India | |
| Figo Communication Private Limited | ₹18.49 Cr (FY 2025) | 129.0% | Faridabad, Haryana, India | |||
| Uhub Technologies Private Limited | ₹18.47 Cr (FY 2024) | 89.0% | Hyderabad, Telangana, India | |||
| Vats Industries Private Limited | ₹18.45 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Benchmark Management Services (India) Private Limited | ₹18.44 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| Vista Wealth Private Limited | ₹18.43 Cr (FY 2025) | 48.0% | New Delhi, Delhi, India |
To see the full peer comparison of Adidev Polymers Private Limited, buy the company report.
Auditor
Adidev Polymers Private Limited is audited by NITU SARAF & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITU SARAF & CO. | FY 2017 | 011449S |
Shareholding
The shareholding of Adidev Polymers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adidev Polymers Private Limited, buy the company report.
Legal cases
Adidev Polymers Private Limited has 2 court cases on record: 2 filed by Adidev Polymers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State Bank of Patiala and 1 other | Disposed |
To see the full case history of Adidev Polymers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adidev Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Adidev Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adidev Polymers Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Hemant Kumar Tulsyan ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Adidev Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 November 2011 (15+ years old) and is registered under CIN U25199KA2011PTC061428.
Adidev Polymers has 2 current directors:
- Kapil Pareek - Director
- Hemant Kumar Tulsyan - Director
The latest financial statements of Adidev Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Adidev Polymers is U25199KA2011PTC061428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adidev Polymers has 2 court cases on record: 2 filed by the company.
Adidev Polymers was incorporated on 30 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Adidev Polymers by revenue are Specbee Consulting Services Private Limited, Emerging Securities Private Limited, TRMG Advisors LLP, Iyra Polymers Private Limited, Gananka India Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Polymers).
Hemant Kumar Tulsyan ceased to be Additional Director on 29 Sep 2024. Kapil Pareek ceased to be Additional Director on 29 Sep 2024. Varun Ramsisaria ceased to be Director on 13 Mar 2024. Adidev Polymers has 10 board changes on record in total.
The registered office of Adidev Polymers is at Flat No 83 DadlaniS Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027.
Adidev Polymers operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Adidev Polymers is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.